Active

520 Baird Cove Rd

Franklin NC, 28734

$3,200,000


$490.80 per sqft

Active

6,520 sqft

Commercial

Built in 2012

Exceptional commercial investment opportunity nestled in Franklin, NC! Situated just minutes from Downtown, this prime 7.8+/- acre parcel within city limits offers an unparalleled investment opportunity with a diversified portfolio of income-generating properties and room for future growth. The property includes five townhomes, ideal for attracting long-term tenants, eight apartments that cater to the area's strong rental demand, ensuring a reliable income stream, and one single-family home, offering flexible usage as a primary residence or a short-term rental opportunity. The parcel allows for expansion potential with additional unused acreage providing ample space for additional units or amenities - allowing you to maximize your return on investment in growing a highly desirable location. Franklin's charm, proximity to major highways, and local attractions make this a sought-after area for residents and investors alike! Whether you're looking to build your portfolio or capitalize on a mixed-use development opportunity- this property is a rare find with incredible upside potential! Don't miss your chance to invest in the beautiful WNC mountains!

26039754

MLS ID

January 23, 2025

Listed

January 29, 2025

Updated

Map

520 Baird Cove Rd
Franklin NC, 28734

Interior Features

Floor Description

Other-See Remarks


Fireplace

No


Cooling

Yes


Cooling Description

Central Electric, Central Electric Heat Pump


Heating

Yes


Heating Description

Forced Air, Electric Heat Pump

Exterior/Building Features

Lot Size

7.8 Acres


Lot Features

City, Open Lot, City Lot


Roof

Shingle

Other Property Details

Area Name

Franklin


Taxes

$17,358


Tax Frequency

Annually


Days on Market

7


Garage

No


Parking

Parking Lot, Limited of Spaces, Paved Driveway


View

No


County

Macon


Municipality

Franklin (Macon Co.)


Pool

No

Courtesy of RE/MAX Elite Realty, Katelyn VanderWoude,
Listing Contact: 8283494600 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Marty Kimsey shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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